“America’s housing market is gearing up for a robust year ahead. Builders are more optimistic, demand is strong and lean inventory is keeping prices elevated.”

And the National Association of Realtorsrevealed that buyer traffic is stronger this winter than it was during the spring buying season last year.

The only challenge to the market is a severe lack of inventory. A balanced market would have a full six-month supply of homes for sale. Currently, there is less than a four-month supply of inventory. This represents a decrease in supply of 9.7% from the same time last year.

Bottom Line

With demand increasing and supply dropping, this may be the perfect time to get the best price for your home. Let’s get together to see whether that is the case in your neighborhood.

In an increasingly complicated real estate market, you deserve to work with someone you can trust. Whether buying or selling, Ted and his dedicated team of real estate experts produce the results you expect with the ease of mind you deserve. Ted’s goal is to provide exceptional real estate services with honesty and integrity and to become your trusted real estate adviser for years to come.Ted is passionately innovative to make you, your properties, and your needs number one.